First off, I'd like to apoligize for my earlier comments. The comment was patronizing. That being said, I have explored the swifttrade model, read a MBA thesis on it's and quite frankly, I have been very suprised with it's continued success. I wont' take anything away from a model that netting one or two of it's offices in excess of $2 million a month. No one can; I agree with you, for all the glib talk on here, Swift trade has done incredibly well.
I said I joined elitetrader only to here this answer. People have alluded to it on this board that Swift Traders have been using NYFIX to work in a market maker fashion and I'm curious about it. How are people at Swifttrade using the NYFIX book to generate huge profits day over day? Is it true the company has been delisted? Will this 'window' remain?
I don't expect I'll hear an answer.